The parent of contract brewing company Great Southern Beverages filed for Chapter 11 bankruptcy protection to stop an eviction process and reorganize its business. Great Southern Copackers LLC, which previously brewed craft beers for clients including Orange Blossom Brewery, Cigar City Brewing, and Publix Super Markets’ 1300 Mile Brewing, filed its Subchapter V petition in
Target stock trailed the broader markets by a wide margin in recent years, before staging a rebound over the last 12 months. Sales were sluggish as customers were shopping elsewhere, driving the stock lower. Something changed in the fiscal second quarter of 2027 (ended in July). Traffic rose, sales grew, and profit came in stronger
Charter Communications, which operates Spectrum, has completed a billion-dollar acquisition of one of its top rivals as it looks to improve customer retention. Spectrum’s cable and broadband businesses have faced significant customer losses for years, and the trend has continued in recent months. In the second quarter of this year, the company lost 172,000 internet
Jersey Mike’s (JMKE) capped its first month as a public company with a brief upward run that has since faded. The stock climbed as much as 8.8% over the past month before giving back those gains, and shares now trade back near the $23 IPO price. Then Loop Capital stepped in with a call that
For years, the artificial-intelligence explosion has been largely invisible to customers, taking place within vast data centers crammed with pricey chips. Apple wants to bring more of it to your desk. Apple (AAPL) on Aug. 25 introduced its M6 and M5 Ultra CPUs and new Mac mini and Mac Studio models, bringing a lot more
For the vast majority of my life, even as a retail expert who has covered the industry for over 30 years, I never thought much about supply chains outside of work. When I went to a grocery store, it nearly always had what I wanted. During the Covid pandemic, however, supply chains became a dinner
Chains including Marshalls, TJMaxx, and Costco have made the treasure hunt a key part of their business model. Merchandise changes regularly, so you never know what you might find, and the prices generally beat traditional retail. That’s supposed to drive repeat visits from shoppers looking for a deal. “These stores represent a kind of treasure
A major sportswear retailer is reshaping its store footprint as it integrates a recently acquired business, and the results suggest the strategy is coming at a much higher price than the company and investors expected. The retailer has been closing locations, reviewing underperforming assets, and taking hundreds of millions of dollars in related charges. Now,
Coca-Cola (KO) has spent nearly a century tying itself to Christmas. Its decades of Santa advertising, starting in the 1930s, helped popularize and cement the jolly, red-suited Santa Claus most people picture today. That connection sells a lot of soda every December. Now the beverage giant wants a second holiday to call its own, and
Every valuation is a story that someone agreed to believe. In private markets, that story gets told in a conference room, signed by a handful of investors, and then repeated for years as if it were a fact. Nobody has to test it. There is no daily quote, no crowd of skeptics pricing the risk